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4 years ago

Match the following sentences.

Business

1 answer:

Arada [10]4 years ago

4 0

Answer:

1. (e) Salary

2. (a) Cost

3. (f) Net pay

4. (b) Employee benefits

5. (d) Rewards

6. (c) Deduction

7 . (g) occupation

Explanation:

Salary refers to the consideration paid periodically for the services received from an employee.

Cost refers to the price which is incurred or paid to own, possess, manufacture or attain something.

Net pay refers to the gross pay less tax deductions and provident fund contribution, which the employee actually receives or in hand, take home salary.

Employee benefits refer to staff welfare schemes, the provident fund contribution by the employer, employee health insurance and retirement benefits.

Rewards refer to incentives and commission which are paid in addition to the salary, as a means for employee motivation and to appreciate employee's good performance.

A deduction refers to tax deductions and other contribution deductions which are subtracted from the salary. For e.g the amount deducted for the conveyance provided to employees by the employer.

Occupation refers to an activity or work which generates income and serves as a means of earning a living.

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In a free market society, what are some things the government has to do because the market won’t?

kompoz [17]

Answer:

Intervene to protect the nature and the environment: government has to play an active role in preserving the nature from the industrial activities.

Protection of consumers and customers from malicious business activities.

Establishing a proper legal framework for the enterprises to operate under a healthy competition.

Establishing required antitrust laws to prevent unjust monopolies from taking over industries.

To enact labour laws and necessary regulations to regulate the labour market.

Explanation:

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3 years ago

The direct costs of borrowing money Includes the costs for people, equipment, and information used to design and build prototype

Kaylis [27]

Answer:

True

Explanation:

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3 years ago

Describe the key elements of IKEA’s globally successful business model. What are the sources of IKEA’s competi-tive advantage?

elena-14-01-66 [18.8K]

Answer:

following are the solution to this question:

Explanation:

The key factors for IKEA's growth are as follows:

It made simple to use goods as well as the technique of "do it yourself" allows employees to increase costs lower, prices fair, a good understanding of the population it wants to target, goods clean with a clear aesthetics.

These were also regarded for fair payer money for staff and vendors, as well as the mechanism is open. Its shops also provide accommodation for the whole family.

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3 years ago

In which phase of the business cycle would the economy be if the unemployment rate continues to rise by 2% each quarter

hodyreva [135]

This would be known as the recession phase of a business cycle meaning Demand begins to four and there is a steady decline in employment, prices and profits, income and output. there is a noticeable reduction in investments and The banks as well as the people attempt to obtain more liquidity so, credit contracts. Expansion of business pauses making stock markets fall. People begin to lose their jobs when orders are canceled. is increase in unemployment results in a harsh decline in income as well as aggregate demand. On the bright side, a period of recession amounts for only a short time

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3 years ago

Heather owns a two-story building. The building is used 40% for business use and 60% for personal use. During 2020, a fire cause

Sonbull [250]

Answer:

Explanation:

cost of building = $800,000

business = $800,000 x 40% = $320,000 - $100,000 (depreciation) = $220,000

personal use = $800,000 x 60% = $480,000

adjusted basis:

business = $220,000

personal use = $480,000

decline in FMV:

business = $700,000 x 40% = $280,000

personal use = $700,000 x 60% = $420,000

loss on building (lesser of basis of decline in FMV):

business = $220,000

personal use = $420,000

recovery from insurance company $600,000

business = $600,000 x 40% = $240,000

personal use = $600,000 x 60% = $360,000

gain/loss on building:

business = $175,000 - $220,000 = -$45,000 (loss)

personal use = $360,000 - $420,000 = -$60,000 (loss)

gain/loss on contents:

business = $240,000 - $220,000 = $20,000 (loss)

personal use = $65,000 - $50,000 = $15,000 (gain)

AGI before the fire = $100,000

+ business gain on building $20,000

- business loss on contents ($45,000)

- personal loss on building up to personal gain ($15,000)

<u>+ personal gain on contents $15,000</u>

heather's AGI after the fire = $75,000

4 0

4 years ago